Don’t Want Immigrants Crossing The Border? Then Stop Buying Cheap Stuff

by Tony Wyman Can we be honest about immigration for a change? I know we want to blame the issue on politicians and business leaders, but they aren’t the real reason immigrants are coming to the United States.  You are. You, the consumer constantly demanding better goods and services at steadily declining costs, are the primary reason more low-skill immigrant laborers are coming to America.  You are creating a demand for them, a demand that grows year-after-year. And that is a good thing!  Because consumer demand for affordable goods is…

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The Economics Quarterly: 2018Q1

bulls and bears

by Wes Walker via libertyisftw.org GDP GROWTH DATA The preliminary estimate for the first quarter of 2018 was 2.3%, which extended the period of time the GDP growth rate has been 2.0% or higher to over a year. The final growth figure for the fourth quarter of 2017 was 2.9%. There has not been a negative GDP growth rate since the first quarter of 2014. GDP Growth Rate (1/1/2002-05/4/2018) INFLATION RATE DATA The inflation rate rose to 2.4% in March, the seventh month with an inflation rate above 2%. The…

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